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Updated about 2 years ago on . Most recent reply

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Dustin Street
  • Real Estate Agent
  • Kansas City, MO
40
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Is KC the only market where rentals can still beat the 1% rule?

Dustin Street
  • Real Estate Agent
  • Kansas City, MO
Posted

I'm an agent in KC, and I constantly see deals that still meet or exceed the 1% rule. As a result I have a lot of people from other markets reaching out to me to see them. So I'm curious, what kind of deals does your market have?

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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied
Quote from @Dustin Street:

Since being able to meet that rule of thumb is hard in your area, what do you see investors typically setting their goals at?


Boise property values are up 40+% in the last few years; so, investors have achieved returns in the past few years that would take decades of monthly cash flow in linear markets.

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